Welcome to our dedicated page for Carters news (Ticker: CRI), a resource for investors and traders seeking the latest updates and insights on Carters stock.
Carter’s, Inc. (NYSE: CRI) is described in its public communications as North America’s largest and most-enduring apparel company exclusively for babies and young children. News about Carter’s often centers on its Carter’s and OshKosh B’gosh brands, multi-channel retail operations, and financial performance across its U.S. Retail, U.S. Wholesale, and International segments.
On this news page, readers can follow company-issued updates such as quarterly and annual earnings releases, where Carter’s reports net sales trends, segment performance, and commentary on factors like tariffs, sourcing costs, and productivity initiatives. Recent releases have discussed comparable sales in U.S. Retail, changes in U.S. Wholesale demand, and growth in the International segment.
Carter’s news flow also includes capital markets and financing announcements, such as the pricing and closing of senior notes due 2031 and the establishment of a new senior secured asset-based revolving credit facility. These items provide insight into the company’s capital structure, liquidity, and debt management decisions.
Investors and followers of CRI can also see governance and corporate actions, including the adoption of a limited duration stockholder rights agreement, amendments to the company’s by-laws, and organizational restructuring plans aimed at adjusting the cost structure and store footprint.
Beyond financial and governance topics, Carter’s issues news about brand and product initiatives, such as the OshKosh Reissued Collection that revisits archival styles, and collaborations like the limited-edition t-shirt capsule designed with Boys & Girls Clubs of America youth. Monitoring this news page helps readers understand how Carter’s manages its brands, responds to market conditions, and communicates strategic decisions over time.
Carter’s (NYSE: CRI), North America's largest marketer of apparel for babies and young children, announced its participation in the Evercore ISI Consumer and Retail Conference. The event, which includes a virtual fireside chat, will take place on June 12, 2024, at 11:00 a.m. EDT. A live webcast of the session will be accessible via the company's Investor Relations section on its website.
Carter’s (NYSE: CRI), the largest branded marketer of young children’s apparel in North America, has released its fourth annual Raise the Future Impact Report. This report highlights the company's achievements and commitments in the areas of product sustainability, environmental footprint reduction, and community support.
Key achievements include over 40% of cotton and recycled polyester being sustainable, nearly 100% of apparel certified by OEKO-TEX® STANDARD 100, a 26% reduction in Scope 1 and 2 greenhouse gas emissions since 2019, and a 30% decrease in virgin plastic packaging. Additionally, Carter’s and its charitable foundation have invested over $8 million in community initiatives, and diversity in leadership roles has increased to over 20% and 25% for Vice Presidents and District Store Managers, respectively.
Today, Carter’s announced a quarterly dividend of $0.80 per share. This dividend will be paid on June 7, 2024, to shareholders who are on record as of May 28, 2024.
Future dividends will be determined by the Board of Directors based on the company's financial performance and other considerations.
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